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#117055 - 08/30/06 09:08 AM Re: Realtor not releasing my deposit money
Alan From Florida Offline
Veteran Member

Registered: 05/10/05
Posts: 906
Loc: Tampa Bay Florida
 Quote:
Originally posted by FIREHOUSE:
I cancelled a contract when seller Would Not agree to make workman like repairs to requested items in buyers inspection sellers response I cancelled contract sellers would not release my earnest money and have since sold property in question. How & When can I get earnest money deposit released?
One more thought here in Florida its not a question of right or wrong it takes an approval by both buyer and seller to release escrow. A question is it the broker and or seller refusing???????
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#117056 - 09/01/06 03:43 PM Re: Realtor not releasing my deposit money
Lost in Maine Offline
Member

Registered: 04/02/06
Posts: 29
Loc: Maine
I have removed this post because something happened to make me parnaoid again.. :rolleyes: but I would like to warn people everywhere not to trust people in power, just because they are in power.

If Mr. Novice happens to live in a place where entities such as the Real Estate Commission are honest professioanals, then it can't hurt to try them.

I was probably just envious to think that such a place might exist.

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#117057 - 12/03/06 06:13 PM Re: Realtor not releasing my deposit money
deu12000 Offline
Member

Registered: 08/05/06
Posts: 91
Loc: New Jersey
The easiest way to resolve a problem like this is contacting the real estate agent's broker. Usually the broker will tell you how the situation can be remedied and it will only take two minutes of your time to contact them. Sometimes money isn't released because of requirements (such as buyer and seller stating the contract is null and void). I bet most of these cases where money isn't returned is because of misunderstandings between agents and buyers and for some reason the agent doesn't explain the situation properly to their buyer.

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